Grand Ark 💸

by 26 Jan, 2021

Grand Ark

When discussing great investors, one of the most prominent female CIO’s on Wall Street is Cathie Wood, who is ARK ETFs Chief Investment Officer and leads the development of ARK’s philosophy and investment approach.

ARK focuses primarily on disruptive innovation and offers investment solutions to investors seeking long-term growth in the public markets. One of the largest purchases just made by ARK was for Opendoor Technologies, an equity they purchased not just once but twice during the week, adding a total of more than 406,000 shares.

ARK ETFs have made over 100%+ gains in 2020, so what could be behind this? Besides taking bold positions on game changing stocks like Tesla, Ark takes a unique approach in their asset management by holding huge assets and concentrated portfolios, in fact, the company’s ETFs typically hold less than 50 stocks.

Many bulls for the ETF trust the investments and believe that under the leadership of Cathie Wood, ARK will continue its stellar performance. On the other hand, many bears believe that  ARK’s run is similar to the runs of some growth funds in the dot-com bubble, which didn’t end well.

What do you think of ARK ETFs, and will you be investing?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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